24-06-2016 21:18 via uk.news.yahoo.com

Oil prices plunge 5 percent as Britain votes to leave EU

By Barani Krishnan and Ahmad Ghaddar NEW YORK/LONDON (Reuters) - Oil prices settled 5 percent lower on Friday after Britain's vote to leave the European Union spurred massive risk aversion and a rally in safe havens like the U.S. dollar that threatened to cut short a three-month-long recovery in global oil markets. Financial markets have been worried for months about what a British exit from the European Union, dubbed widely as 'Brexit,' would mean for Europe's future, but were clearly not fully
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